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Show divergence between CANDLE DIRECTION close and STOCHASTIC DIRECTION close.

MQL4 지표

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Great developer, easy to work with. High quality. Thank you.

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Hi, im looking for a very simple custom stochastic indicator to reveal candle to candle divergence. NOT conventional swing high/low divergence but rather divergence between CANDLE close to close and STOCHASTIC LINE close to close.

For example; Candle close to close is up but stochastic close to close for the same candle is down - this is the type of divergence i would like the custom indicator to highlight. Please see the screenshot where i have highlighted just a few examples.

The angle of divergence on the stochastic line must be at least 1.00. If the line angle is less than 1.00 the result must NOT be displayed by the indicator. For example, the stochastic line for a diverging candle might go from 3.67 to 5.24 - this would be an acceptable angle of change. Another time the diverging stochastic line might draw from 93.21 to 92.67 - this would not be acceptable angle difference as it is only a difference of 0.54, the indicator must not display such scenarios. 

Please message me if you have any questions. Im happy for the custom indicator to show results using vertical lines like in the screenshot.

Thanks :) 


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